Question

income
Ataios
Assiguement
Sole Akshayahuas keeps his books on
cecoods he gives you the following
incomation
Prepare statement
esta trucut
profit or loss for the
year
3 Revised statement of ffairs as on
ending 31losboil
31/03lol6
11 500
Partrulars 10114/2015 es 31/03/2016.
Cash in hand
1000
Cash at bank
15,000 10,000
Stock
1100000
95,000
Debtors
12,500
70,000
Business poenises
75,ooo 11,35 000
Furniture
9,000
9,000
Creditoos
66, ooo
87,000
44000
58.000
year he withdrew R$ 45,000
For
Bills page bu
During itu
ks 25,000 as Further Capital in itu Busines
Adiustment
1. Appreciate Business Poenises by 20%
I Depreciate Furniture by 10%
3 Outstanding Salary Rs 1,000
Beovision foro Doubtful beats at 10% on
Debtoos
3​

Answer 1

Answer:

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